Russia Reluctant To Boost Gas Flows As Cold Snap Hits Europe

Natural gas exports from Russia via the Yamal-Europe pipeline will remain limited at the start of this week as true winter begins and Russia keeps more gas for domestic consumption, with maximum temperatures in Moscow dipping below zero. Bloomberg reports that after booking limited transit space on the Yamal-Europe pipeline over the weekend, Russia has remained reluctant to boost volumes today, which will likely aggravate the already grave gas supply situation in Europe, which is also facing colder temperatures this week. According to data from…